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2025-01-29 09:45:24 am | Source: Motilal Oswal Financial Services Ltd
Neutral Bharat Forge Ltd For Target Rs. 1,386 by Motilal Oswal Financial Services Ltd
Neutral Bharat Forge Ltd For Target Rs. 1,386 by Motilal Oswal Financial Services Ltd

* Standalone revenue is expected to grow 7% YoY in 3Q, driven by ramp-up of defense orders. CV business, both domestic and exports, may decline in 3Q.

* We expect standalone margins to largely remain stable QoQ at 27.8%.

 

 

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